Robinhood vs eToro Comparison
Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare Robinhood vs eToro.
Is Robinhood or eToro better for beginners?
E*TRADE offers more comprehensive new investor education for beginner investors than Robinhood. Robinhood offers investors access to Education (Stocks) and Education (Options), while eToro offers investors access to Paper Trading, Videos and Education (Stocks), neither have Education (ETFs), Education (Mutual Funds), Education (Bonds) and Education (Retirement).
What about Robinhood vs eToro pricing?
Robinhood and eToro charge the same amount for regular stock trades, $0.00. Robinhood and eToro both charge $0.00 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.
Does Robinhood or eToro offer a wider range of investment options?
Robinhood offers investors access to Stock Trading, Fractional Shares and Options Trading, while eToro offers investors access to Stock Trading and Fractional Shares, neither have OTCBB / Pink Sheets, Mutual Funds, Futures Trading, Forex Trading and Advisor Services. Looking at Mutual Funds, Robinhood and eToro both provide customers access to 0 no transaction fee (NTF) mutual funds.
Which trading platform is better: Robinhood or eToro?
To compare the trading platforms of Robinhood and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE offers a better experience. With research, E*TRADE offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Debit Cards are offered by Robinhood while eToro offers none, neither have Checking Accounts, Savings Accounts, Credit Cards and Mortgage Loans.
Is Robinhood good?
Robinhood is very easy to use; however, now that all online brokers offer $0 stock and ETF trades, Robinhood's lack of trading tools and research leaves it a step behind the competition.
Is eToro good?
eToro bills itself as a social trading platform, and that is exactly what you get. It’s a combination of Twitter and trading that will appeal to those who are most interested in learning how to trade cryptocurrencies or joining a community with crypto as the focus. The scope currently is limited in the U.S., so those looking for more advanced trading or trading a variety of underlyings will want to look elsewhere.
Robinhood vs eToro Winner
Overall winner: E*TRADE
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